Part 1 of Tax Battle Done, Longer War Ahead: There was no grand bargain in Washington over the New Year holiday, and that means more political rumble for weeks to come. Farm programs mostly have a reprieve until 30 September, and cellulosic and biodiesel tax credits (2012 and 2013) were extended, but other novel areas of farm policy (energy, organic assistance, etc.) were made subject to the budget/appropriations process. Indeed, $110 billion in sequestered FY 2013 spending, the debt ceiling expansion and many other funding issues await a showdown two months from now. It is likely to be just as shrill in February 2013 as it was in December 2012 and in July 2011.Brazil has not said whether it will accept a nine-month delay by the U.S. in m...